Your Margin trading experience

[amacar2]

I tried to make some quick buck with margin trading on poloniex recently and lost around half of my bankroll with blink of an eye with Ethereum, i think i have made a bad decision of playing with alts when price of bitcoin was not so stable.

What are your good/bad experiences with altcoin margin trading?

[1715000797]

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[1715000797]

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[1715000797]

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[pinkpanther03]

I tried to make some quick buck with margin trading on poloniex recently and lost around half of my bankroll with blink of an eye with Ethereum, i think i have made a bad decision of playing with alts when price of bitcoin was not so stable.

What are your good/bad experiences with altcoin margin trading?

By using this kind of methods in margin trading, this is very risky to apply and dangerous. Because one mistake you make in here you will lose all what you had in your balance, you will be totally wreck.

[gribble]

I tried to make some quick buck with margin trading on poloniex recently and lost around half of my bankroll with blink of an eye with Ethereum, i think i have made a bad decision of playing with alts when price of bitcoin was not so stable.

What are your good/bad experiences with altcoin margin trading?

Trading altcoins with fetures of margin trading on poloniex is bad ideas at least it was my experience
because my emotion is not stable and sometime I am lost control because of it,
 i don't recomended use this fetures for the peoples who doesn't have experience in trading activity
and the traders who can not make constant profit from trading.

[marcuslong]

Lol never played with an alts your risking your money and then played with trading? Ethereum price may chance that fast using that method will cause you lose bitcoin once you didn't do it right also what comes in your mind to use poloniex as your trading site?

[2double0]

I always went in when I was too sure that I will get out green, rest I never took any wrong decisions trading. I was watching the markets and once I noticed that the alts are taking over, I jumped in and put some coins here and there and made fine trades. But never gone for marginal trading as it always harms our capital as well as potential to make any profits over other's money. And marginal trading has high risk if done wrongly on alts which have volatility over the limits which makes it very easy for the exchange to wipe out our capital as well as funds borrowed (if so) in no time.

[Shady]

I've had a better time with standard rate itself, although my luck has stretched far out and was able to collect gains on... Margin is rare for me to do, however it's a much more predictable experience for me compared to others because of skill.

I'll have to look into doing this with cryptocurrency so all fares well once repeated.

[Idrisu]

Lol never played with an alts your risking your money and then played with trading? Ethereum price may chance that fast using that method will cause you lose bitcoin once you didn't do it right also what comes in your mind to use poloniex as your trading site?

like what Marcuslong said " never played with an altcoins you risking your money" you can only succeeded in margin trade when the assets is very stable but if it is volatile and fluctuating then you got to have a rethink. I prefer buy coins and hold until they price increases and covert them to bitcoin than margin trading. Margin trade both in altcoins bitcoin and even in forex is so risky that only few people make it.

[timerland]

I tried to make some quick buck with margin trading on poloniex recently and lost around half of my bankroll with blink of an eye with Ethereum, i think i have made a bad decision of playing with alts when price of bitcoin was not so stable.

What are your good/bad experiences with altcoin margin trading?

Well, i think that margin trading may give you a really great opportunities at any market, especially for educated trader but that is a really difficult task to make a good trades on such a thing because the leverage makes doing every decision harder.

To be honest, I wasnt doing margin trading a lot on altcoins because it seems really tough for me to accomplish, I have been doing the exactly same thing witb big leverages (even more than 200:1) at forex and that was a real madness, I do not recommend that for a newbie at all.

[Hanako]

Margin trading is not too easy. In my first i doesn't know want i'm doing then i ask my friends and they help me. Well i lose in my first try but s just a penny only. Then i n my second try i win now with nice profit and thanks to my friends who helped me a lot teaching what is margin trading

[capoeira]

one of the most important things in trading, and much more in marging trading is money management/position sizing. research the subject.

[rickadone]

one of the most important things in trading, and much more in marging trading is money management/position sizing. research the subject.

Yes, I am very much aware of that and that is the reason I never prefer going for leveraged trading.

In negative price movements it would be much difficult to deal with capital and position sizing due to restrictions from margin providers. Positions will get auto square off with the limits set by margin providers. I had experience of going for margin trading in Forex but never wanted to try in crypto currency trading.

[shield132]

In trading luck is also main factor and if we lost on first step, it doesn't means that we can't become traders. In reality, my margin trading experience was profitable for me from the begining, when I didn't know any important thing in trading and to my mind that was luck.
Experiences won't help you OP but remember suggests, they are said from experience and I suggest you to always use demo platforms when you are newbie.

[asyakashi]

I tried to make some quick buck with margin trading on poloniex recently and lost around half of my bankroll with blink of an eye with Ethereum, i think i have made a bad decision of playing with alts when price of bitcoin was not so stable.

What are your good/bad experiences with altcoin margin trading?

I have never tried margin trading, I once asked a friend, the answer is disappointing. For beginners like me if not yet good learn better after that try it. Avoiding losing money better.

[Polar91]

I tried to make some quick buck with margin trading on poloniex recently and lost around half of my bankroll with blink of an eye with Ethereum, i think i have made a bad decision of playing with alts when price of bitcoin was not so stable.

What are your good/bad experiences with altcoin margin trading?

I have never tried margin trading, I once asked a friend, the answer is disappointing. For beginners like me if not yet good learn better after that try it. Avoiding losing money better.

Margin trading is helpful for newbie traders to avoid or to lesssen the money lose. Trading isn't a matter of luck, it's a matter of strategy and good analysis. Part of it, margin trading is such a great idea to practise, develop, and make your trading profitbale. We shouldn't just listen or rely on a person, we should also try it by ourselves since there is no learning if there is no trying.

[Graphics]

I personally prefer to use margin trading only on standard Forex pairs like EUR/USD.

IMO crypto's price deviation (+/-) is high enough not to risk your roll with margin trading, if you have at least some reasonable bankroll size.

Let me give you an example: Chances  EUR/USD to move +/- 10% in a day is almost literally zero. So here you need a bigger amount to make X profit/loss. On the other hand, USD/BTC +/- 10% daily is something almost usual.

[clickerz]

I have tried it but not comfortable doing it in Poloniex. I am always thinking that I am trading based on debt and I am bothered with many "what ifs" since trading is just like gambling I do not want to gamble based on debt,the consequences is not good if you are unlucky in my opinion.

[RealPhotoshoper]

I have tried it but not comfortable doing it in Poloniex. I am always thinking that I am trading based on debt and I am bothered with many "what ifs" since trading is just like gambling I do not want to gamble based on debt,the consequences is not good if you are unlucky in my opinion.

It is indeed when you do margin trading indirectly you have got a loan from the site/provider.
Just like when you play leverage in forex trading , once you collected a profit you will have bigger profit.
But don't forget you will have a chance to get busted too with this margin trading , so make sure you have calculated everything.

[noictib]

I tried to make some quick buck with margin trading on poloniex recently and lost around half of my bankroll with blink of an eye with Ethereum, i think i have made a bad decision of playing with alts when price of bitcoin was not so stable.

What are your good/bad experiences with altcoin margin trading?

This is a type of trading with the loan money , And in my opinion it is just like gambling .
Because here you are making loan based on the total estimated bitcoin you have in your Poloniex account .
If even you will make small earning then that will goes in the interest and all that depends upon your luck that whether your choice for the particular altcoin was right or not .
No doubt from the last night the price of the bitcoin Really fluctuated more than what we expect in the typical condition .
About 2 months ago I also made my first marginal trading , since in the starting I feel that I can do something more better with marginal trading way , but at last I get no profit after all cut , lost of time for me .

[darthmaul]

Indeed, I had the same case with TRICK and AL coins. But I knew about them already so I did not put much of the money into them. I always put little money at first and after doing survey I go for bigger chances. However, alt coins can drain at any time so do not trust them completely. You was very much wrong before putting that kind of money on to altcoins. They are solely produce of peoples choice. So you have to study first which one might get popular by chatting with other crypto crazy people and knowing where the money is really going. Once you come to the alt coin of the day then you can invest money in that and grab and opportunity to boost your profits.

[el kaka22]

I tried to make some quick buck with margin trading on poloniex recently and lost around half of my bankroll with blink of an eye with Ethereum, i think i have made a bad decision of playing with alts when price of bitcoin was not so stable.

It is no matter whether you are choosing bitcoin nor altcoin, leveraged trading is very much similar to choosing big base bet in gambling, you may get more profits in winning streaks and more quicker losses in negative movements. Leveraged trading without exact price levels which are being supported by strong technical analysis with may bring disasters.

I have positive experiences with my margin trading in both crypto and forex as I am very conscious about not waiting for big profits.

Margin trading or leveraged trading may get you more profits for given same amount of capital, but it is not recommended to go with if your trading experience and technical analysis skills are not up to professional mark.